Property Details
About this Property
Prime Investment Opportunity in the Heart of Downey Welcome to 7370 Neo Street, a well-maintained multifamily gem located in one of Downey’s most desirable residential neighborhoods. This income-producing property features 14 spacious units, each offering comfortable layouts, private entrances, and dedicated parking. Nestled on a 13,068 sf lot, the property provides a rare combination of location, stability, and upside potential. 10 units are 2-bed, 1.5-bath and 4 units are 3-bed, 1.5 bath, and several have been recently updated with modern finishes, upgraded kitchens, newer flooring, and refreshed bathrooms (see interior pics). On-site amenities include [laundry facilities, carports, private yards, 14 parking spaces. Tenants enjoy walking distance to local schools, shopping centers, restaurants, and close to the 105, 605, and 5 freeways—making this a prime location for commuters and families alike. With strong rental income, long-term tenants, and potential for increased cash flow, 7370 Neo Street is ideal for investors seeking solid returns in a low-vacancy, high-demand rental market. Whether you’re expanding your portfolio or making your first multifamily acquisition, this property delivers. Don’t miss your chance to own a rare multifamily opportunity in one of So
MLS Listing Information
MLS #
CROC25168654
MLS Source
California Regional MLS
Days on Site
22
Interior Features
Appliances
Garbage Disposal, Oven - Electric, Oven Range - Built-In, Oven Range - Electric
Cooling
Window/Wall Unit
Heating
Forced Air
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Carport, Garage: 0 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 14 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
7370 Neo St is a Residential Income in Downey, CA 90241. This – square foot property sits on a 13,230 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $5,249,000 and was built in 1957. This address can also be written as 7370 Neo St, Downey, CA 90241.
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This listing information is up-to-date as of July 30, 2025. For the most current information, please contact Magdy Mikhail
